[StBernard] Biting the Hand that Feeds You

[Westley Annis]

If you actually read the story, you'll see that decision was reached in
2006. To try to use this story as the basis for some anti-Obama message is
just ridiculous. You can't find something real to criticize him for?
 
It did make me wonder, though, if Sarah Palin had to pay any taxes on her
Oscar swag;
 
http://tiny.cc/FtVPi
 
 
Richard
 

> Hollywood helped elect Obama, but now he is so desperate for 

> cash, that he's

> going after them.

> 

> For years our national royalty (i.e. Hollywood celebrities) have 

> receivedgenerously-filled gift bags when they arrive at the 

> annual Oscar-fest, tens

> of thousands of dollars worth of goodies to add to the thrill of their

> glamorous night. As gifts, the contents of these bags are not 

> subject to

> income tax. However, the IRS has taken the position in recent 

> years that

> these aren't gifts at all but a form of compensation for the 

> stars who

> participate in the event. The IRS requires that the companies 

> providing the

> items also provide 1099 forms, and some of the celebs reject the bags

> altogether. 

> 

> http://tinyurl.com/yjentd8

>